The Trump administration's recent authorization of tariffs on steel and aluminum has produced mixed reactions in U.S. industries. Manufacturers of these metals regard the action as defending their businesses against dumping by foreign competitors. Heidi Brock, president and CEO of the Aluminum Association, praised the decision. She issued a statement declaring: "We look forward to working with the president on implementation and to creating a more level playing field."
The American Iron and Steel Institute (AISI) explained its support for the action. Thomas Gibson, president and CEO of AISI, claimed, "About one-fourth of domestic steel capacity today is not being utilized. This is being fueled by the massive excess steel capacity in the world today, which is more than eight times larger...(Full Article)

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